Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLEASE SOLVE MANUALLY X=4 35 45 ABC company wants to reduce the Quality Performance Flexibility Speed number of suppliers it will work with in Supplier

PLEASE SOLVE MANUALLY X=4

image text in transcribed

35 45 ABC company wants to reduce the Quality Performance Flexibility Speed number of suppliers it will work with in Supplier 1 35 40 45 the coming period by making a Supplier 2 14 X*10 17 40 performance evaluation of the candidate 57 60 45 60 suppliers. For this reason, the board of Supplier 3 48 Supplier 4 45 40 directors convened and evaluated the suppliers over 100 points according to 4 Supplier 5 89 65 20 75 attributes. 100 is the best score in this Supplier 6 69 45 70 60 scale. Evaluation results are given in the Supplier 7 64 30 X*10 55 table. Note: If you used Excel, please do not forget to submit the Excel file. In this case, you do not need to write everything, but the results should be clearly stated and interpreted. If you made all the calculations manually, write everything and clearly state each step of the applications! a. According to the dominance principle, reduce the number of suppliers. b. Rank the final suppliers via conducting a median ranking approach. c. Suppose that the attribute weights are equal. Rank the alternatives via SAW, WP, and TOPSIS. Explain the findings and interpret them. d. Conduct sensitivity analysis for the ranking results of WP. For this purpose, suppose that Quality is two times more important than other alternatives that are equally weighted. Explain the findings and interpret them. 35 45 ABC company wants to reduce the Quality Performance Flexibility Speed number of suppliers it will work with in Supplier 1 35 40 45 the coming period by making a Supplier 2 14 X*10 17 40 performance evaluation of the candidate 57 60 45 60 suppliers. For this reason, the board of Supplier 3 48 Supplier 4 45 40 directors convened and evaluated the suppliers over 100 points according to 4 Supplier 5 89 65 20 75 attributes. 100 is the best score in this Supplier 6 69 45 70 60 scale. Evaluation results are given in the Supplier 7 64 30 X*10 55 table. Note: If you used Excel, please do not forget to submit the Excel file. In this case, you do not need to write everything, but the results should be clearly stated and interpreted. If you made all the calculations manually, write everything and clearly state each step of the applications! a. According to the dominance principle, reduce the number of suppliers. b. Rank the final suppliers via conducting a median ranking approach. c. Suppose that the attribute weights are equal. Rank the alternatives via SAW, WP, and TOPSIS. Explain the findings and interpret them. d. Conduct sensitivity analysis for the ranking results of WP. For this purpose, suppose that Quality is two times more important than other alternatives that are equally weighted. Explain the findings and interpret them

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions